But there's also the Oculus Quest, a totally new standalone, self-contained mobile VR system that's going to arrive at the very same time… for the very same price.
The Oculus Rift S has a familiar-looking design, shifting more to a PlayStation VR-like look and feel.
Lenovo helped design and manufacture the Rift S, a move that Oculus executive Nate Mitchell says had to do with limited in-house resources while simultaneously launching Oculus Quest.
Putting it on, it also feels a bit like last year's Lenovo-made Mirage Solo VR headset.
There are five cameras around the headset that incorporate Oculus' new Insight tracking system, which doesn't require room sensors and works in a similar way to other self-contained Microsoft VR headsets.
The Oculus Quest has room-tracking cameras in its headset, too, but only four of them.